CONDENSED CONSOLIDATING FINANCIAL STATEMENTS

The senior notes of the Predecessor company were registered securities. As a result of these registered securities, we are required to present the following condensed consolidating financial information pursuant to SEC Regulation S-X Rule 3-10, “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.” Our ABL Facility and Term Loan Facility of the Successor Company are not registered securities, so the presentation of condensed consolidating financial information is not required for the Successor period.



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF OPERATIONS
	Predecessor
	Three Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Revenues	$	—		$	92,122		$	3,000		$	(110	)	$	95,012
Direct operating expense	—			86,419			3,102			(102		)	89,419
Depreciation and amortization expense	—			34,676			1,180			—			35,856
General and administrative expense	205			38,091			2,607			—			40,903
Operating loss	(205		)	(67,064		)	(3,889		)	(8		)	(71,166		)
Interest expense, net of amounts capitalized	21,357			—			—			—			21,357
Other (income) loss, net	(645		)	49			890			118			412
Loss before income taxes	(20,917		)	(67,113		)	(4,779		)	(126		)	(92,935		)
Income tax (expense) benefit	(6		)	—			139			—			133
Net loss	$	(20,923	)	$	(67,113	)	$	(4,640	)	$	(126	)	$	(92,802	)



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF OPERATIONS
	Predecessor
	Six Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Revenues	$	—		$	199,594		$	6,756		$	(250	)	$	206,100
Direct operating expense	—			173,226			7,025			(234		)	180,017
Depreciation and amortization expense	—			69,210			2,398			—			71,608
General and administrative expense	398			81,689			5,061			—			87,148
Operating loss	(398		)	(124,531		)	(7,728		)	(16		)	(132,673		)
Interest expense, net of amounts capitalized	42,941			—			—			—			42,941
Other (income) loss, net	(1,290		)	(94		)	332			233			(819		)
Loss before income taxes	(42,049		)	(124,437		)	(8,060		)	(249		)	(174,795		)
Income tax (expense) benefit	(12		)	—			391			—			379
Net loss	$	(42,061	)	$	(124,437	)	$	(7,669	)	$	(249	)	$	(174,416	)



CONDENSED CONSOLIDATING UNAUDITED STATEMENTS OF CASH FLOWS
	Predecessor
	Six Months Ended June 30, 2016
	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in thousands)
Net cash provided by (used in) operating activities	$	—		$	(71,274	)	$	3,884		$	—		$	(67,390	)
Cash flows from investing activities:
Capital expenditures	—			(4,720		)	(347		)	—			(5,067		)
Intercompany notes and accounts	—			59,815			—			(59,815		)	—
Other investing activities, net	—			8,506			—			—			8,506
Net cash provided by (used in) investing activities	—			63,601			(347		)	(59,815		)	3,439
Cash flows from financing activities:
Repayments of long-term debt	(13,901		)	—			—			—			(13,901		)
Restricted stock	(18,605		)	—			—			—			(18,605		)
Repurchases of common stock	(164		)	—			—			—			(164		)
Intercompany notes and accounts	(59,815		)	—			—			59,815			—
Other financing activities, net	(2,618		)	—			—			—			(2,618		)
Net cash used in financing activities	(95,103		)	—			—			59,815			(35,288		)
Effect of changes in exchange rates on cash	—			—			(1,593		)	—			(1,593		)
Net increase (decrease) in cash and cash equivalents	(95,103		)	(7,673		)	1,944			—			(100,832		)
Cash and cash equivalents at beginning of period	191,065			10,024			3,265			—			204,354
Cash and cash equivalents at end of period	$	95,962		$	2,351		$	5,209		$	—		$	103,522